If you think you need hundreds of thousands of dollars to start investing in Real Estate, read on and find out how you can start investing with little or no money, the legitimate way. This is not a midnight infomercial style approach with dubious-looking characters in funny suits aboard luxury yachts! This is 100% above… Continue Reading
“To Lock Or Not To Lock”- may not be the age-old question…but definitely a relevant topic as we close out the 3rd quarter of 2022. Currently, rates are trending up, so it is a perfect time to find out how you can benefit from locking your mortgage rate. Here is what we will be covering… Continue Reading
The decision to keep renting or to buy a home is one of the most significant decisions adults will make in a lifetime. As we currently face one of the most challenging times in housing history, deciding whether to do one or the other seems even more complex. The younger generation looking to move out… Continue Reading
Buying a home is a process with many steps. Practically anyone who has started that journey eventually contacted a Real Estate agent, and the question has come up: Have you been pre-approved? The homebuyer may have been pre-qualified by a lender and may think that it is the same thing. Unfortunately, pre-qualification and pre-approval are… Continue Reading
Current reports on housing from multiple sources indicate that the housing market’s future is unlikely to be the same as its recent past. Over the last decade, the US housing market has seen a run-up in home prices unlike any other time in history. Many experts predict that the coming correction will not be as… Continue Reading
In the previous two articles, we discussed how to qualify for a mortgage on investment properties and loan-to-value (LTV) requirements for investment property. In this article, we discuss the 3 main differences between buying an investment property and buying an owner occupied property. When buying an investment property, make sure you understand the limitations on… Continue Reading
If you are buying a home or refinancing a mortgage, you should be aware of the two most potentially expensive components of your closing costs: Escrows and Prepaids. What Are Escrows and Prepaids? Escrows are the initial amount you must put aside (i.e., pay) at closing to fund your escrow account with sufficient funds so… Continue Reading